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• W2077540226 abstract "Abstract Uncertainty assessment using reservoir simulation models for green- and brown-field situations has become a common practice. While capturing uncertainties in forecasts is required in all situations, developing multiple history-matched models is also an important goal for brownfield situations. Objective of this study is to provide systematic and practical guidelines for uncertainty assessment work using reservoir simulation models. This paper discusses steps involved in any uncertainty assessment including selection of uncertain parameters and their ranges, practical experimental design methods, appropriate response or tracking functions (or variables), and data analysis techniques. Roles of lessons learnt from a base-case history-match exercise for a brownfield situation as well as earth modeling/petroleum engineering knowledge in setting up appropriate parameters and ranges are emphasized. Guidelines are provided to judge quality of history match based on prudent interpretation of response or tracking functions/variables. A Monte Carlo simulation-based methodology to develop multiple history-matched models for brownfield situations is presented in detail including practical tips on problem setup and analysis of results. Unique nature of uncertainties related to forecasting situations is discussed with an emphasis on a need to engage all operational and facilities personnel to develop adequate forecast problem description and economic success metrics. Guidelines presented in this paper are illustrated using a case study example. Practical tips presented in this paper would be of use to all reservoir simulation engineers carrying out uncertainty assessments." @default.
• W2077540226 created "2016-06-24" @default.
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• W2077540226 date "2014-08-05" @default.
• W2077540226 modified "2023-09-25" @default.
• W2077540226 title "Guidelines for Uncertainty Assessment using Reservoir Simulation Models for Green- and Brown-field Situations" @default.
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• W2077540226 doi "https://doi.org/10.2118/172432-ms" @default.
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